Part of the problem is that people can make profits by hypertrading on currency value. If we first recognize that money is simply how we exchange goods and services without using clubs and guns then we realize it is the product or the service provided that has the value, not the money. However, it has become easier for people to make money from gambling on the value of the dollar vs, the euro vs the yen etc etc at the rate of 10000 trades per minute, perhaps even per second. Even if they only make one cent per trade, at 10000 cents per minute, that is a lot of money. When we put real value on goods and services instead of the money used to acquire them, we can then put more value on the humans who provide those goods and services. There is no incentive on speculators to do anything but make the items on which they speculate to cost more and be harder to acquire as with Goldman Sachs and the Aluminum shuffle they’ve been doing. There is nothing wrong with being rich, but how one becomes rich should have ethical and moral boundaries.Respectfully,C.
Part of the problem is that people can make profits by hypertrading on currency value. If we first recognize that money is simply how we exchange goods and services without using clubs and guns then we realize it is the product or the service provided that has the value, not the money. However, it has become easier for people to make money from gambling on the value of the dollar vs, the euro vs the yen etc etc at the rate of 10000 trades per minute, perhaps even per second. Even if they only make one cent per trade, at 10000 cents per minute, that is a lot of money. When we put real value on goods and services instead of the money used to acquire them, we can then put more value on the humans who provide those goods and services. There is no incentive on speculators to do anything but make the items on which they speculate to cost more and be harder to acquire as with Goldman Sachs and the Aluminum shuffle they’ve been doing. There is nothing wrong with being rich, but how one becomes rich should have ethical and moral boundaries.Respectfully,C.